The United States and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world's two biggest economies unresolved.

The market had been rattled after the EU signalled it may pursue countermeasures against US tariffs, dampening expectations for a breakthrough in negotiations ahead of the August 1 deadline.

MANILA: Higher US tariffs and global trade uncertainty have further dimmed the economic outlook for developing Asia and the Pacific, the Asian Development Bank said in a report on Wednesday, as

President Trump has hinted at a forthcoming visit to China to potentially reset US-China relations. A summit with President Xi Jinping is anticipated to stabilize the turbulent relationship marked by past trade disputes.

The US-China trade tensions and subsequent tariff increases since 2018 have significantly impacted the trade dynamics between the two nations, leading to a persistent derisking trend.

LOS ANGELES - China has issued one of its strongest warnings yet to the United States, declaring it is ready to fight "any type of war" as tensions escalate over trade. The sharp rhetoric comes ...

MANILA] Higher US tariffs and trade uncertainty have worsened the economic outlook for developing Asia and the Pacific, the Asian Development Bank (ADB) said in a report on Wednesday (Jul 23) as it lowered its growth forecasts for the region for this year and next.

Philippines to Open Market with Zero Tariffs for US Goods as Military Ties Strengthen President Donald Trump on Tuesday announced the conclusion of a new trade deal with the Philippines, following a meeting with Philippine President Ferdinand Marcos Jr.